NOT LISTED FOR SALE

502 E 3rd St Rock Falls, IL 61071

Estimated Value: $93,000 - $107,000

2 Beds
1 Bath
960 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $87,500 $91 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $713/month

3 Days on Market

Highlights

  • Detached Garage
  • 1-Story Property
  • 5-minute walk to Hennepin Feeder Canal State Parkway
  • Rock Falls Middle School Rated 9+

About This Home

As of November 2021

Adorable, updated 2 bedroom home with new flooring throughout. The home additionally has newer windows and the roof is only 9 years old. New water heater was installed in 2016. The heated and insulated 2.5 car garage has a new door and new electrical. Kitchen appliances stay and there is an underground dog fence. Don't miss out on this move in ready, cute home! Call today for your private showing!

Last Agent to Sell the Property

Cynthia Adcock

Crawford Realty, LLC License #475141939 Listed on: 10/21/2021

Last Buyer's Agent

JD Gieson

RE/MAX of Rock Valley License #475189224

RE/MAX of Rock Valley

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • 9,148

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Dixon Avenue to Avenue C to 3rd
  • Lot Size: 52X179
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 301
  • Middle Or Junior School: Rock Falls Township High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 1985.1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 24, 2021
Sold by
Blackburn Cole D and Blackburn Morgan
Bought by
Dickson Clara
Seller's Agent
Cynthia Adcock
Crawford Realty, LLC
Buyer's Agent
JD Gieson
RE/MAX of Rock Valley
List Price
$92,000
Sold Price
$87,500
Premium/Discount to List
-$4,500
-4.89%
Current Estimated Value
$99,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,549
Avg. Annual Appreciation
3.03%
Original Mortgage
$70,000
Outstanding Balance
$64,899
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$34,150

Purchase Details

Closed on
Sep 11, 2018
Sold by
Lawrenz Austin L and Lawrenz Ashley L
Bought by
Blackburn Cole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,565
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2014
Sold by
Roberts Ronald L
Bought by
Lawrenz Austin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Bought by
Roberts Ronald L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dickson Clara $87,500 Cook Frank
Blackburn Cole $21,333 --
Lawrenz Austin L $65,000 None Available
Roberts Ronald L $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickson Clara $70,000
Previous Owner Blackburn Cole $66,565
Previous Owner Lawrenz Austin L $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $87,500 -4.9% $91 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $92,000 -- $96 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,405 $27,926 $5,197 $22,729
2023 $2,216 $25,755 $4,793 $20,962
2022 $2,114 $24,283 $4,519 $19,764
2021 $1,995 $22,973 $4,275 $18,698
2020 $1,985 $22,580 $4,202 $18,378
2019 $1,855 $21,773 $4,052 $17,721
2018 $1,720 $21,288 $3,962 $17,326
2017 $1,706 $20,889 $3,888 $17,001
2016 $1,663 $20,538 $3,823 $16,715
2015 $2,231 $20,761 $4,016 $16,745
2014 $222 $20,207 $3,909 $16,298
2013 $2,231 $20,761 $4,016 $16,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11252321

Midwest Real Estate Data (MRED)

APN: 1127178002